The sector drivers have changed, mirroring changes in habits brought on by the pandemic. Fintech, healthcare, education and food have been the leading sectors in 2020 in terms of investments.
In less than six months, for example, education startups have already raised 96% of the amount they raised in all of 2019.E-commerce has been the big loser, going from raising more than a billion dollars in each half of 2019 to $202 million in the first half of 2020.
E-commerce companies faced restrictions on what they can deliver to their customers during the early phases of the pandemic-induced lockdown, and in general have faced an uncertain regulatory environment in recent times.